Music Broadcast (NSE:RADIOCITY) Net Current Asset Value: ₹3.71 (As of Mar. 2026) — 50% Below Median

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NSE:RADIOCITY Music Broadcast Ltd NSE:RADIOCITY
68 GF Score
Price ₹6.04
GF Value ₹9.61
Valuation Possible Value Trap
! 4 Warning Signs
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What is Music Broadcast Net Current Asset Value?

Music Broadcast NSE:RADIOCITY -0.49% 68 Net Current Asset Value is ₹3.71 as of Mar. 2026, which is 100% below its 10-year median of 7.40. GuruFocus rates NSE:RADIOCITY with a GF Score™ of 68/100 and a GF Value™ of ₹9.61 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 540 Media - Diversified companies, Music Broadcast ranks better than 69.81% on this metric.

In calculating the Net Current Asset Value (NCAV), Benjamin Graham means a company's current assets (such as cash, marketable securities, and inventories) minus its total liabilities (including preferred stock, minority interest, and long-term debt).

Music Broadcast's net current asset value per share for the quarter that ended in Mar. 2026 was ₹3.71.

The historical rank and industry rank for Music Broadcast's Net Current Asset Value or its related term are showing as below:

NSE:RADIOCITY' s Price-to-Net-Current-Asset-Value Range Over the Past 10 Years
Min: 1.25   Med: 7.4   Max: 22.12
Current: 1.63

During the past 13 years, the highest Price-to-Net-Current-Asset-Value Ratio of Music Broadcast was 22.12. The lowest was 1.25. And the median was 7.40.

NSE:RADIOCITY's Price-to-Net-Current-Asset-Value is ranked better than
69.81% of 540 companies
in the Media - Diversified industry
Industry Median: 2.915 vs NSE:RADIOCITY: 1.63

Music Broadcast  (NSE:RADIOCITY) Net Current Asset Value Explanation

Benjamin Graham first discussed net current asset value (NCAV) in the 1934 edition of "Security Analysis", which he coauthored with David Dodd. In the book, (net) current asset value is defined as:" current assets alone, minus all liabilities and claims ahead of the issue."

The common definition of NCAV is: NCAV = current assets – [total liabilities + minority interest + preferred stock]

Net current assets exclude not only the intangible assets but also the fixed and miscellaneous assets. In addition, Graham believed that preferred stock belongs on the liability side of the balance sheet, not as part of capital and surplus. In "Security Analysis", preferred stock is dubbed "an imperfect creditorship position" that is best placed on the balance sheet alongside funded debt.

One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham’s strategy produced similar results.

Benjamin Graham looked for companies whose market values were less than two-thirds of their Net-Net Working Capital. They are collected under our Net-Net screener.


Music Broadcast Net Current Asset Value Related Terms


Music Broadcast Net Current Asset Value Historical Data

* Premium members only.

The historical data trend for Music Broadcast's Net Current Asset Value can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Music Broadcast Net Current Asset Value Chart

Music Broadcast Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Net Current Asset Value
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.95 0.49 0.90 2.65 3.71

Music Broadcast Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Current Asset Value Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.65 0.00 2.56 0.00 3.71

NSE:RADIOCITY vs NXST: Net Current Asset Value Comparison

For the Broadcasting subindustry, Music Broadcast's Price-to-Net-Current-Asset-Value, along with its competitors' market caps and Price-to-Net-Current-Asset-Value data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Music Broadcast Price-to-Net-Current-Asset-Value vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Music Broadcast's Price-to-Net-Current-Asset-Value distribution charts can be found below:

* The bar in red indicates where Music Broadcast's Price-to-Net-Current-Asset-Value falls into.


NSE:RADIOCITY
68GF Score
Music Broadcast Ltd NSE:RADIOCITY
Net Current Asset Value is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Music Broadcast Net Current Asset Value Calculation

Music Broadcast's Net Current Asset Value (NCAV) per share for the fiscal year that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(A: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1789.113-505.764-0-0)/345.686
=3.71

Music Broadcast's Net Current Asset Value (NCAV) per share for the quarter that ended in Mar. 2026 is calculated as

Net Current Asset Value Per Share(Q: Mar. 2026 )
=(Total Current Assets-Total Liabilities-Minority Interest-Preferred Stock)/Shares Outstanding (EOP)
=(1789.113-505.764-0-0)/345.686
=3.71

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

What does a Net Current Asset Value of ₹3.71 mean?
Music Broadcast (NSE:RADIOCITY) has a Net Current Asset Value of ₹3.71 as of Mar. 2026. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Music Broadcast and its competitors. This is 50% below median its historical median of 7.40. Over the past decade, Music Broadcast's Net Current Asset Value has ranged from 1.25 to 22.12. According to the industry distribution chart, Music Broadcast ranks #163 out of 540 companies in the Media - Diversified industry, placing it in the top 30.2%.
Is Music Broadcast's Net Current Asset Value too high?
Music Broadcast's current Net Current Asset Value of ₹3.71 is 50% below median its 10-year median of 7.40. Over the past 10 years, this metric has ranged from a low of 1.25 to a high of 22.12. Based on the distribution chart, Music Broadcast ranks #163 out of 540 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Music Broadcast has a GF Score™ of 68/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Music Broadcast's Net Current Asset Value compare to NXST?
According to the Media - Diversified industry distribution chart, Music Broadcast ranks #163 out of 540 companies for Net Current Asset Value. This puts Music Broadcast in the upper half of its industry. The industry median Net Current Asset Value is 2.92. Historically, Music Broadcast's own Net Current Asset Value has ranged from 1.25 to 22.12 over the past decade. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Current Asset Value for a Media - Diversified company?
The median Net Current Asset Value among Media - Diversified companies is 2.92, based on 540 companies in the industry. Companies in the top quartile (top 25%) have a Net Current Asset Value significantly above this median, while those in the bottom quartile fall well below. However, Net Current Asset Value should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Current Asset Value mean?
A high Net Current Asset Value can signal that a stock is expensive relative to its fundamentals. Ben Graham's net current asset value equals the per-share value of total current assets less total liabilities. View historical data on Music Broadcast and its competitors. For the Media - Diversified industry, the median Net Current Asset Value is 2.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Music Broadcast's current Net Current Asset Value is ₹3.71, which is 50% below median its own 10-year median of 7.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Music Broadcast stock overvalued right now?
Based on GuruFocus' analysis, Music Broadcast (NSE:RADIOCITY) is currently considered Possible Value Trap. The stock's GF Value™ is ₹9.61, compared to a current price of ₹6.04 — trading 37.1% below its estimated fair value. The current Net Current Asset Value is ₹3.71, which is 50% below median its 10-year median of 7.40. Music Broadcast's overall GF Score™ is 68/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Current Asset Value calculated?
Net Current Asset Value is calculated from a company's financial statements. For Music Broadcast (NSE:RADIOCITY), the current Net Current Asset Value is ₹3.71 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Music Broadcast (NSE:RADIOCITY) Overvalued in 2026?

Based on GuruFocus' analysis, Music Broadcast stock appears to be undervalued. The current stock price of ₹6.04 is trading 37.1% below its estimated GF Value™ of ₹9.61. GuruFocus considers Music Broadcast to be Possible Value Trap.

Key valuation signals for NSE:RADIOCITY:

  • Net Current Asset Value: ₹3.71 (50% below median its 10-year median of 7.40)
  • GF Value™: ₹9.61 vs. price of ₹6.04 (37.1% below fair value)
  • GF Score™: 68/100 with 4 warning signs

No single metric tells the full story. See the NSE:RADIOCITY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Music Broadcast Business Description

Other Exchanges 540366:India
Address Off Western Express Highway, 5th Floor, RNA Corporate Park, Kalanagar, Bandra (East), Mumbai, MH, IND, 400 051
Music Broadcast Ltd is engaged in the business of operating Private FM Radio Stations through the brand Radio City. The Company is engaged in the business of radio broadcasting and other related activities under the 'Radio City' brand in India.
68GF Score

Get the complete analysis for NSE:RADIOCITY

Net Current Asset Value is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹6.04
Price
₹9.61
GF Value